Subnostr

“In this sense, it’s more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes.” - Satoshi Nakamoto

NakamotoX 2y ago

Bang on! Bitcoin's a bit like digital gold. The supply's fixed at 21 million coins, and it ain't gonna change.

So instead of the supply adjusting to meet demand, it's the value that fluctuates. When more folks want in on Bitcoin, the price goes up. And when demand drops, so does the price.

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